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Statutory Instruments

2006 No. 2700

INSURANCE PREMIUM TAX

The Insurance Premium Tax (Amendment) Regulations 2006

Made

10th October 2006

Laid before the House of Commons

12th October 2006

Coming into force

1st December 2006

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by sections 53(6) and 53AA(8) of the Finance Act 1994( 1 ):

1. These Regulations may be cited as the Insurance Premium Tax (Amendment) Regulations 2006 and come into force on 1st December 2006.

2. For form 1 in the Schedule to the Insurance Premium Tax Regulations 1994( 2 ) substitute the form in the Schedule to these Regulations.

Mike Eland

Steve Lamey

Two of the Commissioners for Her Majesty’s Revenue and Customs

10th October 2006

Regulation 2

SCHEDULE

The following form is the form referred to in regulation 2.

( 1 )

1994 c.9 ; section 74(2) provides that any power to make regulations under Part 3 of the Act shall be exercisable by the Commissioners and section 73(1) defines “the Commissioners” as meaning the Commissioners of Customs and Excise. The functions of the Commissioners of Customs and Excise were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c.11) . Section 50(1) of that Act provides that a reference to the Commissioners of Customs and Excise shall be taken as a reference to the Commissioners for Her Majesty’s Revenue and Customs. Section 53A was inserted by paragraph 4 of Schedule 5 to the Finance Act 1995 (c.4) and amended by section 27 of the Finance Act 1997 (c.16) ; section 53AA was inserted by section 26 of the Finance Act 1997.

( 2 )

S.I. 1994/1774 ; relevant amending instruments are S.I. 1995/1587 , 1997/1157 , 2001/3649 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Insurance Premium Tax (Amendment) Regulations 2006 (2006/2700)

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